Richards has filed quarterly reports to the SEC based on information supplied by management. A potential concern of such reliance is which of the following?
a. Privity only
b. Liability to 3rd parties.
c. Liability to foreseen 3rd parties only.
d. Liability to reasonably foreseen 3rd parties only.
Answer: d. Liability to reasonably foreseen 3rd parties only.
Economics
You might also like to view...
For a given set of prices, two consumers choose bundles that are off the contract curve. In a competitive market,
A) prices will adjust until the consumers choose bundles that are on the contract curve. B) the indifference curves will shift back to the contract curve. C) the contract curve will shift to connect these bundles. D) no adjustments need to be made.
Economics
The Fed usually sets a higher reserve requirement for savings accounts than for checking accounts
a. True b. False Indicate whether the statement is true or false
Economics